Service Properties Trust T.SVC

Primary Symbol: SVC

Real Estate REIT - Diversified

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

NDAQ:SVC - Post by User

Service Properties Trust

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Post by retiredcfon Nov 27, 2014 6:43am

645 Views

Post# 23168805

Imhof

Did indeed recommend SVC. Third stock in the clip. GLTA

https://www.bnn.ca/Video/player.aspx?vid=499218

2014-11-26

BUY

Peter Imhof

Was a little disappointed in the last quarter’s earnings. There were a couple of contracts that they thought were going to be signed and do revenue in that quarter, but it didn’t come to fruition. However, right after that quarter they signed a deal for about $8 million, so the stock has moved up a little. Very cheap stock. Has about $1 a share in cash and is trading at around $2.80. Expects them to earn about $0.13-$0.14. If you exit the cash, it is only trading at around 12 or 13 times earnings. Strong balance sheet.